Masao Retail Group LLC
Masao Retail Group LLC is located in Fort Worth, TX, and the SBA lists its industry as Gift, Novelty, and Souvenir Retailers. It was approved for an SBA 7(a) loan of $1,414,000 for a change of ownership on April 30, 2025.
SBA 7(a) loan, change of ownership, approved Apr 30, 2025
- Gross approval
- $1,414,000
- SBA-guaranteed amount
- $1,060,500 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.6%, fixed
- Term
- 25 years (300 months)
- Estimated maturity
- April 30, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $10,541 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 22, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 459420, Gift, Novelty, and Souvenir Retailers
- Project location
- Tarrant County, TX
- SBA district office
- Dallas / Ft Worth District Office
- Congressional district
- TX-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 64% of acquisition loans in Gift, Novelty, and Souvenir Retailers on this site.
- Average acquisition loan in Gift, Novelty, and Souvenir Retailers: $1,214,814.
- Average acquisition loan in Texas: $1,944,682.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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Same industry in Texas
- Magpie Blossom Retail LLC, Austin